Commercial buildings (ContractsReal estate management (MethodsClass B buildings can still compete with Class A buildings in the real estate market with creativity and investment. One of these techniques is pricing. Rates for Class B buildings must be 15% to 25% less than Class A buildings. ...
Another part of the equation is how much control you would like to have over your business’s property decisions. Not restricted by lease terms, commercial property owners have more creative control over changes to the physical space and can renovate to their heart’s d...
President, Inland Commercial Property Management, Inc. No Matter What We Think Or Feel, We Are Never Too Old To Learn From Others & Our Peers! I want to Thank Beth Azor for her phenomenal and engaging presentation at our Site Source Retail Broker Network Annual Meeting! I owe this, my fi...
Reading Time: 6 minutes Looking for property management tips to run your business effectively? Here’s your guide to proper record maintenance for your work success. Read More Rental Income Tips to Manage Your Property’s Depreciation 07 Nov 2024 Reading Time: 7 minutes Looking to ensure the ...
Commercial Lease Calculator Continue Reading April 8, 2024 Commercial Property Valuation: Methods to Estimate Yours Continue Reading Legal Essential information to protect your interests in commercial leasing. Read More October 21, 2024 Your Guide to Easement by Prescription ...
[Read related article: Property Leases: What SMBs Need to Know] Pros and cons of leasing an office in a world of remote work As remote-work trends suggest such arrangements are here to stay, you might be wondering if renting a commercial office space makes sense for your business in ...
1.a lease granted to another person by the lessee of a property. v.t. 2.to grant a sublease of. 3.to take or hold a sublease of. v.i. 4.to grant or hold a sublease; sublet. [1820–30] sub`les•see′(-lɛˈsi)n. ...
Finally, using a commercial real estate broker can be an effective way to source locations. We’ll touch on brokers below. Overall, Hargis stresses the importance of flexibility. “Try to find a few different spaces that could work,” he says. “Many prospective tenants get too focused on ...
Liquidity: Renting out commercial property can provide liquidity for the property owner, allowing them to invest in other properties or ventures. Cons: Tenant turnover: Finding and retaining tenants can be a challenge, particularly in a weak economy. Risk: There is always the risk that tenants ...
“Dedicated Leasing Agent with over 5 years of experience in residential and commercial property management. Skilled in negotiating lease terms, conducting market analyses, and enhancing tenant satisfaction. Demonstrated success in maintaining high occupancy rates and managing multiple properties simultaneously...